SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
Stocks in Europe finished higher Thursday afternoon, on the last trading day of the quarter, with a rally in the autos sector helping to boost investor sentiment.
The pan-European Stoxx 600 closed up 0.6 percent provisionally with most sectors finishing in positive territory. For the whole quarter, the benchmark still finished lower by 5 percent after steep falls earlier in the year.
Autos were the top gainers Thursday, driven higher by Renault. The car maker's shares were up by 6 percent following a media report that the company could merge with Nissan. The shares traded close to a 10-year high earlier on the news, but the firm has declined to comment on the report.
Electrocomponents was also among the top performers after a rating upgrade. Furthermore, Swiss Re rose 2 percent after a report that the Japanese group SoftBank is looking at buying a 25 percent stake in the reinsurer.
U.S. stocks traded higher Thursday, as the technology sector tried to curb steep declines seen in recent sessions.
In other corporate news, Deutsche Bank Chief John Cryan sent a letter to its employees vowing full commitment to the bank after reports that he could soon be sacked.
In terms of data, German unemployment figures reached a record low in March at 5.3 percent, according to new data. Meanwhile, the U.K.'s current account deficit was £18.4 billion in the last quarter of 2017, lower than what analysts had expected.
Earlier, the latest Nationwide housing prices in the U.K. showed a drop of 0.2 percent month-on-month in March, below the consensus.